SYNNEX CEO Dennis Polk's 2018 pay rises 5% to $7.2M

SYNNEX reports 2018 executive compensation

Published: February 21, 2019

SYNNEX reported fiscal year 2018 executive compensation information on February 21, 2019.

In 2018, six SYNNEX executives received on average a compensation package of $2.8M, a 48% decrease compared to previous year.

Average pay of disclosed executives at SYNNEX

Dennis Polk, Chief Executive Officer, received $7.2M in total, which increased by 5% compared to 2017. 36.24% of Polk's compensation, or $2.6M, was in option awards. Polk also received $2.3M in non-equity incentive plan, $642.1K in salary, $1.6M in stock awards, as well as $21.7K in other compensation.

For fiscal year 2018, the median employee pay was $4,615 at SYNNEX. Therefore, the ratio of Dennis Polk's pay to the median employee pay was 1,555 to one.

Christopher Caldwell, Executive Vice President and President of Concentrix Corporation, received a compensation package of $3.8M, which decreased by 26% compared to previous year. 38.08% of the compensation package, or $1.4M, was in non-equity incentive plan.

Peter Larocque, President, North American Technology Solutions, earned $2.7M in 2018, a 55% decrease compared to previous year.

Marshall Witt, Chief Financial Officer, received $1.8M in 2018, which decreases by 53% compared to 2017.

Simon Leung, General Counsel, earned $1.1M in 2018.

Kevin Murai, Chief Executive Officer, received $490.9K in 2018, which decreases by 91% compared to 2017.

SYNNEX's fiscal year ends on November 30.